Velodrome and Forked Protocol Aerodrome Suffer Front-end Attack｜Cryptocurrency Trends

1.Mainstream Exchange Trends:

• OKX has released a Proof of Reserves report, showing that it has maintained a reserve ratio exceeding 100% for 22 coins over 13 consecutive months.
• Binance has completed the conversion of New Bitshares (NBS) token balances to USDT.
• Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)

2.Cryptocurrency Trends:

• IOTA announced the establishment of the first regulated and compliant foundation in Abu Dhabi, which will be funded with over US$100 million worth of IOTA tokens to support and accelerate the growth of the IOTA ecosystem.
• The DOGE-funded SpaceX 'Doge-1' lunar mission has been approved by the National Telecommunications and Information Administration.
• Velodrome and forked protocol Aerodrome suffer front-end attack.
• Fed Governor Waller said that he could see a point where the Fed might start lowering rates if inflation continues to ease over the next few months, and added “There is no reason to say we will keep it really high.”
• DWF Labs announced on social media that it will launch its first Web3 incubation program with DWF Ventures in 2024.
• According to a report by The Block, the US SEC said that it wants fresh feedback from the public on whether it should approve or disapprove a spot bitcoin ETF application.
• Chaos Labs announced a US$20 million liquidity incentive program in partnership with dYdX to promote early adoption and smooth transition of the dYdX Chain.

3.Financing Trends:

• DeFi yield platform Coinchange raised US$10 million in a funding round led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures.
• Decentralized Bitcoin mining pool OCEAN announced the completion of a US$6.2 million seed round led by Jack Dorsey.
• Wormhole closes US$225 million funding round at US$2.5 billion valuation and completes split from Jump Crypto/

4.Regulatory Trends:

• A federal judge has approved an order requiring crypto lending firm Voyager Digital and its affiliates to pay US$1.65 billion in monetary relief to the United States Federal Trade Commission (FTC).